USDJPY broke below the upward trend line on 4-hour chart, indicating that the uptrend from 103.16 had completed at 105.53 already. Deeper decline to test 103.16 support could be expected, a breakdown below this level will signal...
The USD/JPY pair rallied during the course of the session on Monday, breaking above the 105 level at one point. Ultimately, the market looks as if we are ready to go higher though, and with that I...
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 103.16. As long as the trend line support holds, the fall from 105.53 could be treated as consolidation of the uptrend. Further...
USDJPY is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the fall from 105.53 could be treated as consolidation of the uptrend from 103.16, and further...
USDJPY remains in the sideways movement in a range between 98.97 and 107.48. Key resistance is at 107.48, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 125.85...
The USD/JPY pair went back and forth during the course of the session on Friday, showing a fairly neutral candle. The 105 level offers quite a bit of support, but at this point in time I think...
The USD/JPY pair initially tried to fall during the day on Thursday, but then shot higher and broke above the 105 level. This is an area that I have been talking about being the “ceiling” in this...
USDJPY’s upward movement from 103.16 extended to as high as 105.34. Near term support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend could be expected to...
The USD/JPY pair rallied during the course of the session on Wednesday, but the 105 level below continues offer a significant amount of resistance. If we can break above the 105 level, the market could very well...
The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but found the 105 level above to be far too resistive to continue going higher. Because of this, we pulled back to...
